PROP TX-RATE LIMIT
Summary
Amends the Property Tax Code. Provides that the aggregate tax rate extended against taxable real property by any taxing district may not exceed 105% of the aggregate tax rate extended by the taxing district in the previous levy year unless the increase is approved by referendum. Sets forth provisions concerning new taxing districts and taxing districts with an aggregate tax rate of zero in the previous levy year. Preempts home rule powers.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2020
Committee Review
Floor Vote
Governor
Introduced Feb 4, 2020
Last action Jun 23, 2020
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
6
Key actions
1
Committee
4
Jun 23, 2020
Committee
Rule 19(b) / Re-referred to Rules Committee
lower
Feb 27, 2020
Lower · Passed
To Property Tax Subcommittee
lower
Feb 18, 2020
Committee
Assigned to Revenue & Finance Committee
lower
Feb 4, 2020
Committee
Referred to Rules Committee
lower
0 primary · 1 co-sponsor
Sponsors
No sponsor information available.
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